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Sold for $1,025,000
  • $1,025,000

    1635 Kern Avenue #1-11, Rice Lake, WI 54868

    16beds
    10baths
    8,500sqft
    Multi Family, Apartment
    Built in 1996
    -- sqft lot
    $1,085,400 Zestimate®
    $121/sqft
    $-- Estimated rent

    Home value

    $1,085,400

    $890,000 - $1.31M

    Not available

    Zestimate® history
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    What's special

    Great investment opportunity with this 11-unit apartment complex featuring 6 two-bedroom units and 5 one-bedroom units, each including a 1-car detached garage. Tenants enjoy access to a community gathering space as they enter the building along with a common laundry area offering 2 coin-operated washers and 2 dryers, providing additional income. Conveniently located close to schools, dining, and shopping, this property is currently producing $10,095 per month, with strong rental history. Coin laundry brings in approximately $2,000 per year. NEW roof on all three buildings September 2025.

    Zillow last checked:

    Listing updated:

    Listed by:

    The Bergeman Team 715-552-1818,

    Eau Claire Realty LLC,

    Katie Dresel 715-781-3742,

    Eau Claire Realty LLC

    Bought with:

    Josh Downs, 77842-94

    Woods & Water Realty Inc/Regional Office

    Source: NWWMLS,MLS#: 1594737MLS LogoOriginating MLS: Realtors of Northwestern Wisconsin

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 10
    Heating
    • Baseboard
    Cooling
    • Wall Unit(s), Wall/Window Unit(s)
    Appliances
    • Included: Dryer, Oven, Range, Refrigerator, Washer
    Features
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 8,500
    • Total interior livable area: 8,500 sqft
    • Finished area above ground: 8,500
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Asphalt, Driveway
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: None
    Lot
    • Size: 1.43 Acres
    • Dimensions: 144 x 291 x 268 x 159
    Details
    • Additional structures: Other, See Remarks
    • Parcel number: 276500568003

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Vinyl Siding
    • Foundation: Poured, Slab
    Condition
    • Year built: 1996

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Rice Lake

    Financial & listing details

    • Price per square foot: $121/sqft
    • Annual tax amount: $14,342
    • Date on market: 10/12/2026
    • Cumulative days on market: 74 days
    • Listing agreement: Exclusive Right To Sell
    • Exclusions: Tenants Personal

    Price history

    DateEventPrice
    10/31/2025Sold$1,025,000-2.4%$121/sqft
    Source: NWWMLS #1594737 Report a problem
    9/30/2025Contingent$1,050,000$124/sqft
    Source: WIREX MLS #1594737 Report a problem
    9/24/2025Listed for sale$1,050,000-4.1%$124/sqft
    Source: WIREX MLS #1594737 Report a problem
    9/8/2025Contingent$1,095,000$129/sqft
    Source: WIREX MLS #1594737 Report a problem
    8/20/2025Listed for sale$1,095,000$129/sqft
    Source: WIREX MLS #1594737 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 54868

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Rice Lake Area

    Source: NWWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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